Calculate the southern divisions return on investment

Assignment Help Accounting Basics
Reference no: EM131960999

Problem

Presented below is information related to the Southern Division of Lumber, Inc.

Contribution margin $1,241,200
Controllable margin $848,127
Average operating assets $4,038,700
Minimum rate of return 15 %

Calculate the Southern Division's return on investment and residual income.

Reference no: EM131960999

Questions Cloud

Conduct a swot analysis on favorite restaurant : Conduct a SWOT analysis on your favorite restaurant or retail store and post it here. Then discuss your peer's SWOT analysis.
Margin of error of percentage points : Use the shortcut formula where n represents the population size and m represents the margin of error in decimal? form
Find the proportion of people in the survey : Find the proportion of people in the survey who believe astrology is very scientific.
Find the approximate probability that the random sample : Find the approximate probability that the random sample of 400 candies will contain 23?% or more orange candies.
Calculate the southern divisions return on investment : Presented below is information related to the Southern Division of Lumber, Inc. Calculate the Southern Division's return on investment and residual income.
Find the proportion of the respondents : Find the proportion of the respondents who said that closing local papers would hurt civic life a lot. ?(Round to three decimal places as? needed.)
Calculate amount of revenue required for ackees food center : Presented below is the income statement for Ackee Food Center for the month of July: Calculate amount of revenue required for Ackee's Food Center to break even.
Americans also own a traditional phone : According to a CNN report, 93% of Americans also own a traditional phone (not a cell phone). We took a sample of 850 randomly selected Americans
Socioeconomic status predict hospital readmission : A study examines the extent to which anxiety, depression, and socioeconomic status predict hospital readmission

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd